With all the technology available today it’s no surprise that it is affecting the construction industry. Many contractors are expecting more change over the next five years than the last FIFTY!
As ConstructionDive.com states- construction companies believe that a significant change is on the construction industry horizon and are six times more likely to innovate across their businesses, according to the study.
Contractors also responded that many of the risks they face today are not insurable like more traditional risks having to do with automobiles, workers’ compensation and finished products, so they are looking to the risk management industry to evolve in order to meet their needs, which could include professional liability insurance for design services and coverage for drones.
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